1 / 4

The … Innovation 24 Tom Peters/Joinville BRAZIL/19 June 2009

This article explores innovation strategies such as cross-functional excellence, prototype mania, portfolio management, celebrating failures, decentralization, targeted-small acquisitions, alternate structures, weeding the portfolio, simplicity over complexity, practicing nudgery, diverse teams, and more.

sur
Download Presentation

The … Innovation 24 Tom Peters/Joinville BRAZIL/19 June 2009

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The … Innovation 24 Tom Peters/Joinville BRAZIL/19 June 2009

  2. Innovation 24 **XFX/Cross-functional excellence (physical, lunch, project structure, transparency, “emergent leadership,” “facebook,” etc) **Prototype mania (“action bias,” “serious play,” “most tries wins,” “execution is strategy”) **Portfolio management(Score every project) **Celebrate failures(“most mistakes wins,” “Fail. Forward. Fast.”, mining pissed off customers) **Decentralization(“attitude,” budgetary control/30% to 80%, accountability, “spontaneous discovery process”) **Centralization(once in a blue moon—“culture change”/HP-Fiorina; “Centers of Excellence”-GSK) **Targeted-small acquisitions(need a strong retention process) **Alternate structures(“Skunkworks,” 1% “play money,” “parallel universe,” internal “venture funds,” partnership with lead vendors-customers, “adhocracy” in general)

  3. Innovation 24 **Weed the portfolio(Wave “bye-bye” to old friends, mastering “organizational forgetting”) **Acknowledge-revel in the mess(logic behind “try it” culture, champion inefficiency) **Fight for simplicity, war on complexity(Drucker: “90% of what we call ‘management, consists …”) **“We are what we eat”/ “hang out factor” (lead customers, vendors, board, consultants, diversity per se, mentor “freaks,” “crowdsourcing”—carefully managed!) **R&Dequal all functions (e.g. systems innovation = new product innovation) **100% innovators (“What do you think?”, “culture” of respect, HR’s lead role) **Practice “nudgery”(bigger cart, +50% purchases) **“Gandhi’s rule” (“You must be the change you wish to see in the world,” “timid begets timid”)

  4. Innovation 24 **Diverse “team at the top”! **“Enthusiasm ‘machine’” (“I am a dispenser of enthusiasm,” extreme language-“insanely great”) **Passion for “cool”(“design mindfulness”) **MBWA (Managing By Wandering Around—in touch with the “coal face”) **Women (“the market,” not a “market segment;” micro-lending/Yunus-Cemex) **“Boring” as well as/more than “sexy” (Jim’s Group, Basement Systems Inc) **Big stinks/SMEs rule (Mittelstand, Foster’s stats: 0 for 1,000) **Infrastructure(eg, research universities, venture capital, national initiatives such as Korea and design, primary education)

More Related